CG Power and Industrial Solutions Limited has informed the Exchange regarding Outcome of Board Meeting held on May 06, 2025.
CGPOWER · price
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Awaiting price reaction for this filing.
CG Power reported strong FY25 results with standalone revenue from operations rising ~22.6% to ₹9,328.97 crore (vs ₹7,609.91 crore in FY24). Profit before tax grew to ₹1,342.28 crore from ₹1,288.94 crore, though profit after tax dipped slightly to ₹974.46 crore from ₹1,004.36 crore due to higher tax outgo. Q4 was robust, with revenue up ~23% YoY to ₹2,563.40 crore and PAT up ~14.5% to ₹275.49 crore. The Power Systems segment was the star, with revenue jumping ~35% to ₹3,509.71 crore and segment profit rising ~60% to ₹668.30 crore. The company also completed the acquisition of Renesas Electronics' Radio Frequency (RF) Components business after year-end, marking a significant strategic expansion. The board paid an interim dividend of ₹1.30 per share during the year.
Strong revenue growth and Q4 performance should be positive for the stock, though the slight dip in full-year PAT and EPS (₹6.38 vs ₹6.58) may temper enthusiasm. The completed RF Components acquisition adds a new high-growth vertical and could drive future earnings. Stable board continuity with re-appointed independent directors and a clean audit opinion reinforce governance quality.